Global Motion Control Market: Market Analysis by Knowledge Sourcing Intelligence
The motion control market was valued at US$13.901 b illion in 2017 and is projected to expand at a CAGR of 5.21% over the forecast period to reach US$18.851 billion by 2023. Motion control systems are used in industrial processes to control the movement of a specific load. These systems are an important part of robotics and CNC machine tools and use pneumatic, hydraulic, or electromechanical prime mover technology. The biggest advantages offered by motion control are high-performance coupled with low-cost operations. Increasing demand for motion control systems in different industry verticals is driving the demand for these solutions. Sample view of Global Motion Control Market Forecast, US$ Billion, 2017 TO 2023 Global Motion Control Market by Geography: By geography, the motion control market is segmented as Americas, Europe Middle East and Africa (EMEA), and Asia Pacific (APAC). Americas and EMEA ho...